Topic: Fully Verified GLBSE Securities (Read 1730 times)

This pretty much nails it on the head.

I always take assets much more seriously when they are verified in multiple forms. I also rarely ever consider investing in assets with 0-1 verification. Verification is not the 'end all- be all', but you have to consider it along with everything else when doing your due diligence.

I also run https://glbse.com/asset/view/BTC-MINING which has been around for a much longer time and https://glbse.com/asset/view/BTC-BOND. You can review both's terms.

Before you do that read up on how difficulty constantly rises and you will realise how much of a bad deal fixed mh/s bonds are. If you simply go by verification on glbse without understanding the underlying bitcoin network you are going to fail big time.

1.  I don't get what you mean by "encrypt your contract"?  We are a mining stock with ~1900 shares on the market and 700 for sale to purchase our third 40GH/s ASIC.  Lot's have things have changed since the genesis contract (like we were buying two 7970's and are now going ASIC).  Although all major decisions are decided by 51% motion and any share holder can ask me to put forward a motion within reason (like being a major investor or a small investor with the support of other investors).  So if you did become a major investor you'd have the right to ask for motions and the results will be followed.
2. We pre-ordered ModMiners were delayed but as we were an early supporter of the btcfpga.com they pointed the relevent hashpower we purchased to a pool for us.  There was also a time we held a motion on saving all mining profits towards buying ASIC's which went in that favour (I owned 330 shares of 1800 [of which 250 I purchased]).  Then we managed to cancel the order of our first ModMiner and purchased a BFL SC Single 40GH/s with the funds.  We then got delivered our second ordered ModMiner this week but the supplier asked us if we wanted to sell our ModMiner for full value to another one of his customers.  So yesterday I sent our newly delivered ModMiner to another of his customers and on delivery of that board Tom the owner of btcfpga.com is paying us BTC113.303.  So then we will be ordering our second BFL SC Single 40GH/s ASIC.  Taking us to 80GH/s over less than 1900 shares which is around 40MH/s per share post ASIC.
3.  Me and Nefario are friends on Facebook and we have each others phone numbers.  If it substantial investment I will make a Linked-In profile if needed but I won't make it public tho I could let you see it.

Being a mining stock each share you own gives you a share ownership of all our hardware assets, BTC wallet and anything else of value.  Once we purchase our second ASIC our 1900 shares valued just on hardware assets alone are worth $1.53 each
Also if it was a substantial investment I could invite you to be "friends" my personal Facebook page were I have over thirty family members all listed by relationship.   

Once ASIC come about puremining would probably worthless.  It is a deterministic bond set at 2 MH/share and does not have an upgrade path.

I run RSM - https://glbse.com/asset/view/RSM - Which is 50% verified I could get my home address verified and photo-ID if it were to attract major investment tho I don't have a Linked-In profile.  We have paid for one BFL SC Single@40GH/s and are about to pay for our second this weekend hopefully.  Taking us to 40MH/s a share.  Another 700 shares@BTC0.30 are for sale to purchase our third BFL 40GH/s ASIC and pay for the import VAT of all three ASIC's.  This will take us to 120GH/s over 2600 shares, which is 46MH/s a share or 1GH/s for BTC6.52 at RSM current offer of BTC0.30 per share.  Once we have delivery of the boards we will be paying between 10% - 50% of weekly mining profits as a weekly dividend with the rest being saved to purchase more ASIC's and increase the MH/s per share rate.  The amount saved to purchase more hardware assets to increase the MH/s a share rate will be decided by motion.

Not everyone uses social networking sites like facebook or linkedin.  These sites are not secure and don't store private information very well.

You should focus on the contract, the history of the asset holder fulfilling the contractual obligations, and on the important verification steps, like ID, address, and phone verification.

This is correct.

For some to meet all verification items is impossible, for example my country is not in the list of countries Nefario can make a call to, I don't use facebook either (creating an account just for verification might be considered cheating), I don't have an international passport (for traveling in EU and most other european countries you just need your national ID, no international passport is required). I've added Nefario in LinkedIn but no response from him yet. I might verify my address and e-mail if investors will require but right now I manage only less than 200 bitcoins.

Haha. Also, good luck. I appreciate your fund's transparency. I may emulate that one day in the future.

He runs bitcoin racing syndicate. BitcoinRS. In my opinion, you need to focus more on capital utilization rather than verification.

From memory, the KRAKEN passthrough dude was fully verified.

There are only 3 or 4 fully verified assets. The only reason mine is missing linked in is because I dont use the site at all.

Theres a lot more that are only missing one or two of the verification steps and as long as its only one of the social network verifications I dont think its such a big deal. It might actually be a good thing not to use linked in because they had their entire database leaked...

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